New Report Highlights Palermo Sur Real Estate Market Activity

[soliloquy id=”20663″] New construction real estate activity in the traditional Buenos Aires neighborhood of Palermo Sur is down in terms of the number of projects but up in terms of total square footage, according to a new report from Reporte Inmobiliario. In Palermo Sur, the 76-block barrio bordered by Palermo Soho to the northwest and Almagro to the south, the total …

Buenos Aires-Colonia Bridge Construction Agreement Signed

[soliloquy id=”20407″] Plans for a 43-kilometer bridge spanning the River Plate and connecting Argentina and Uruguay took a giant step forward today with the signing of a construction agreement. The Argentina/China Chamber of Commerce (ACC) signed the agreement with China Dalian International Group (CDIG), the Dalian-based engineering and construction company that specializes in large-scale infrastructure projects outside of China. The signed agreement …

Some Buenos Aires Residential Rentals Rise 39% In One Year

[soliloquy id=”20263″] Residential rents in some Buenos Aires neighborhoods have risen 39% over the past twelve months, as property owners attempt to keep pace with inflation through rent hikes and semi-annual adjustments. Capital Federal Rents Rise Almost 40% In One Year is the headline of today’s article in iProfesional detailing the new double-digit data from the City of Buenos Aires Statistics …

Slowest July In Recorded History For Buenos Aires Real Estate Market

[soliloquy id=”20122″] July was the coldest month of the year in Buenos Aires in terms of temperatures and real estate activity. New numbers released today by the BA Notary College show sales are flat and peso-denominated prices are soaring as the Argentine peso is now trading at 14.25 to the dollar on the informal market. The total number of real …

New Buenos Aires Neighborhood A Magnet For Private Developers

[soliloquy id=”20533″] A 13-block stretch of prime real estate in the City of Buenos Aires originally scheduled to sit in the shadow of an elevated highway is now a magnet for private developers in Capital Federal. Parque Donado Holmberg (PDH) is the name of the new neighborhood which is bordered by the more developed barrios of Belgrano, Saavedra, Coghlan and Villa …